QE to Infinity
Could QE go on forever? I think Jim Sinclair coined the term “QE to Infinity” to mean that the US Fed’s printing of money will never stop. They can’t possibly stop it based on their current thinking and objectives. What they are doing is an incredibly stupid idea, but their choice is basically to have […]
Full Scale Currency War
Nobody wins a currency war…but politicians love to try. The idea goes like this…. “If we can cheapen the value of our currency, then we’ll be able to export more goods and it will get our economy going. And then I’ll get re-elected and everyone will love me!” (see the beginning of this series here.) […]